Mr. Farenthold
introduced the following bill; which was referred to the
Committee on Oversight and Government
Reform

A BILL

To provide that certain establishments of the Federal
Government shall submit to the Committees on Appropriations budget plans that
reflect a 5 percent reduction from the amount proposed for such an
establishment in the President’s budget submission, and for other
purposes.

1.

Short title

This Act may be cited as the
Fiscal Instruction for a Vibrant
Economy Act or the FIVE Act.

2.

Reduced operating
budgets

(a)

Submission

For
fiscal year 2013, not later than 30 days after the date of enactment of this
Act, and for fiscal year 2014 and each subsequent fiscal year, not later than
30 days after the date on which the President submits to Congress the budget of
the United States Government under section 1105(a) of title 31, United States
Code, each establishment of the Federal Government listed under subsection (b)
shall submit to the Committees on Appropriations of the House of
Representatives and the Senate an operating budget (for the fiscal year covered
by the President’s most recent budget submission) that reflects a 5 percent
reduction from the amount requested for such establishment in such
submission.

(b)

Establishment of
the Federal Government

The
establishments of the Federal Government to which this section applies are as
follows:

(1)

The Department of Agriculture.

(2)

The Department of
Commerce.

(3)

The Department of
Defense.

(4)

The Department of
Education.

(5)

The Department of
Energy.

(6)

The Department of
Health and Human Services.

(7)

The Department of
Homeland Security.

(8)

The Department of
Housing and Urban Development.

(9)

The Department of
the Interior.

(10)

The Department of
Justice.

(11)

The Department of
Labor.

(12)

The Department of
State and United States Agency for International Development.

(13)

The Department of
Transportation.

(14)

The Department of
the Treasury.

(15)

The Department of
Veterans Affairs.

(16)

The National
Aeronautics and Space Administration.

(17)

The National
Science Foundation.

(18)

Administrative
Office of the United States Courts.

(19)

Each agency
funded under the heading Executive Office of the President and Funds
Appropriated to the President in regular appropriations Acts.